Summary
Paytm shares surged 5% after Bernstein raised its target price to Rs 2,200, implying a 52% upside and marking the first time a target price has exceeded Paytm's Rs 2,150 IPO price. Bernstein's analysis factors in UPI MDR from FY28.
Paytm Shares Rally 5% After Bernstein Assigns Target Price Above IPO Rate
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